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Toshiba to Supply Key Equipment for Geothermal Power Plant in Turkey

January 8, 2014

Toshiba Corporation (TOKYO:6502) announced that the company has won a major order in Turkey to supply key equipment, including turbines, generators and condensers, for the Alasehir geothermal power plant that Zorlu Energy, an independent power producer and member of the Zorlu Holdings Group, will build in Alasehir, in western Turkey's Manisa Province. Toshiba will start to install the equipment in October 2014, and the plant is scheduled to come online in 2015.

Electricity consumption in Turkey is growing fast, driven by population growth and economic development. Estimates from the International Energy Agency (IEA) indicate that demand will more than double in the next decade. The Turkish government is responding by promoting capacity expansion, including boosting geothermal power generation from 300 megawatts (MW) to double. Most of these plants will be built in the geothermal-rich Aegean Region, in the west of the country.

Toshiba will install total 40MW of two systems: a 30MW flash steam generation system that pulls hot water under high pressure into a separator to produce steam; and a 10MW binary cycle power facility that uses lower temperature fluid to vaporize a liquid with a lower boiling point. It is the first time for Toshiba to supply geothermal power equipments in Turkey.

Toshiba is the world top supplier in the supply of geothermal power, with a 23% market share. The company has installed 52 geothermal systems around the world, including North America, Southeast Asia and Europe, with a combined capacity of 2,800 MW. In August last year, Toshiba established Toshiba Infrastructure and Electronics A.S. in Istanbul, to reinforce its power generation system business in Turkey and its neighboring countries. Toshiba also aims for the participation in the geothermal plant project planned in East Africa, and will continue to promote and expand its geothermal power business around the world as part of comprehensive portfolio of renewable energy solutions that also includes wind and hydroelectric power generation systems.

Toshiba is a world-leading diversified manufacturer, solutions provider and marketer of advanced electronic and electrical products and systems. Toshiba Group brings innovation and imagination to a wide range of businesses: digital products, including LCD TVs, notebook PCs, retail solutions and MFPs; electronic devices, including semiconductors, storage products and materials; industrial and social infrastructure systems, including power generation systems, smart community solutions, medical systems and escalators & elevators; and home appliances. Toshiba was founded in 1875, and today operates a global network of more than 590 consolidated companies, with 206,000 employees worldwide and annual sales surpassing 5.8 trillion yen (US$61 billion).